I Have Not Been Able To Exclude The Possibility Of BLACK MONDAY 04/26

and i gave it a lot of thought

weekly update DIA and QQQQ both recorded 8th positive week - crazy but true.

 

why is this time different that the other 10 times you have been wrong?

 

It isn't. But it sure is getting annoying, isn't it?

 

That was cool. I went long on China this morning (FXI @ 41.69). My 82% long position says we gap up Monday.

 

easy guys. i am just a messenger.

 

you are fired. we need to hire someone that knows how to read the messages.

 

Step Into My Office


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Keep the door open long enough, maybe Elijah will walk in...

 

i will see if i am wrong 2 more times to make it 10 in a row. after that i will only fade my own predictions.

one thing i noticed is that recently i started having a lot of doubts about the possibility of any meaningful sell-off. this could actually mean that the sell-off is not far away.

 

We won't have a meaningful correction until you get bullish. I'm still waiting for that signal before I liquidate.